Unity Bancorp Inc., parent company of Unity Bank, reported net income of $16.5 million, or $1.61 per diluted share, for the quarter ended June 30, 2025. This reflects an increase from the previous quarter, which saw net income of $11.6 million, or $1.13 per diluted share. For the six months ended June 30, 2025, the company reported net income of $28.1 million, or $2.74 per diluted share, compared to $19.0 million, or $1.86 per diluted share, for the same period in 2024. The increase in net income for both the three and six months ended June 30, 2025, was partially attributed to one-time pre-tax gains of $3.5 million from the sale of securities and a $2.0 million release for credit losses on securities, related to Patriot National Bancorp, Inc. Excluding these one-time events, the company earned $12.2 million in net income, or $1.20 per diluted share, for the quarter, with a net interest margin expansion of 3 basis points to 4.49%. Unity Bancorp Inc. continues to provide financial services through its branch network in New Jersey and Pennsylvania, with assets totaling approximately $2.9 billion and deposits of $2.2 billion.